Ali Dib - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T07:39:28+00:00Countercyclical Bank Capital Requirement and Optimized Monetary Policy Rules
https://www.bankofcanada.ca/2013/04/working-paper-2013-8/
Using BoC-GEM-Fin, a large-scale DSGE model with real, nominal and financial frictions featuring a banking sector, we explore the macroeconomic implications of various types of countercyclical bank capital regulations. Results suggest that countercyclical capital requirements have a significant stabilizing effect on key macroeconomic variables, but mostly after financial shocks.2013-04-08T11:40:14+00:00enCountercyclical Bank Capital Requirement and Optimized Monetary Policy Rules2013-04-08Economic modelsFinancial institutionsFinancial stabilityInternational topicsWorking Paper 2013-08https://www.bankofcanada.ca/wp-content/uploads/2013/04/wp2013-08.pdfCountercyclical Bank Capital Requirement and Optimized Monetary Policy RulesCarlos De ResendeAli DibRené LalondeNikita PerevalovApril 2013EE3E32E4E44E5GG1G2The Macroeconomic Implications of Changes in Bank Capital and Liquidity Requirements in Canada: Insights from the BoC-GEM-FIN
https://www.bankofcanada.ca/2010/12/discussion-paper-2010-16/
The authors use simulations within the BoC-GEM-FIN, the Bank of Canada's version of the Global Economy Model with financial frictions in both the demand and supply sides of the credit market, to investigate the macroeconomic implications of changing bank regulations on the Canadian economy.2010-12-15T10:57:46+00:00enThe Macroeconomic Implications of Changes in Bank Capital and Liquidity Requirements in Canada: Insights from the BoC-GEM-FIN2010-12-15Economic modelsFinancial institutionsFinancial stabilityInternational topicsDiscussion Paper 2010-16https://www.bankofcanada.ca/wp-content/uploads/2010/12/dp10-16.pdfThe Macroeconomic Implications of Changes in Bank Capital and Liquidity Requirements in Canada: Insights from the BoC-GEM-FINCarlos De ResendeAli DibNikita PerevalovDecember 2010EE3E32E4E44E5GG1G2Capital Requirement and Financial Frictions in Banking: Macroeconomic Implications
https://www.bankofcanada.ca/2010/10/working-paper-2010-26/
The author develops a dynamic stochastic general-equilibrium model with an active banking sector, a financial accelerator, and financial frictions in the interbank and bank capital markets.2010-10-29T09:22:08+00:00enCapital Requirement and Financial Frictions in Banking: Macroeconomic Implications2010-10-29Business fluctuations and cyclesEconomic modelsFinancial marketsFinancial stabilityWorking Paper 2010-26https://www.bankofcanada.ca/wp-content/uploads/2010/10/wp10-26.pdfCapital Requirement and Financial Frictions in Banking: Macroeconomic ImplicationsAli DibOctober 2010EE3E32E4E44GG1Banks, Credit Market Frictions, and Business Cycles
https://www.bankofcanada.ca/2010/10/working-paper-2010-24/
The author proposes a micro-founded framework that incorporates an active banking sector into a dynamic stochastic general-equilibrium model with a financial accelerator.2010-10-21T13:46:46+00:00enBanks, Credit Market Frictions, and Business Cycles2010-10-21Business fluctuations and cyclesCredit and credit aggregatesEconomic modelsFinancial stabilityWorking Paper 2010-24https://www.bankofcanada.ca/wp-content/uploads/2010/10/wp10-24.pdfBanks, Credit Market Frictions, and Business CyclesAli DibOctober 2010EE3E32E4E44GG1Alternative Optimized Monetary Policy Rules in Multi-Sector Small Open Economies: The Role of Real Rigidities
https://www.bankofcanada.ca/2010/03/working-paper-2010-9/
Inflation-targeting central banks around the world often state their inflation objectives with regard to the consumer price index (CPI). Yet the literature on optimal monetary policy based on models with nominal rigidities and more than one sector suggests that CPI inflation is not always the best choice from a social welfare perspective.2010-03-20T14:30:30+00:00enAlternative Optimized Monetary Policy Rules in Multi-Sector Small Open Economies: The Role of Real Rigidities2010-03-20Inflation and pricesInflation targetsInflation: costs and benefitsMonetary policy frameworkMonetary policy implementationWorking Paper 2010-9https://www.bankofcanada.ca/wp-content/uploads/2010/05/wp10-9.pdfAlternative Optimized Monetary Policy Rules in Multi-Sector Small Open Economies: The Role of Real RigiditiesCarlos De ResendeAli DibMaral KichianMarch 2010EE4E5E52FF3F4Price Level Targeting in a Small Open Economy with Financial Frictions: Welfare Analysis
https://www.bankofcanada.ca/2008/10/working-paper-2008-40/
How important are the benefits of low price-level uncertainty? This paper explores the desirability of price-level path targeting in an estimated DSGE model fit to Canadian data. The policy implications are based on social welfare evaluations.2008-10-18T13:54:27+00:00enPrice Level Targeting in a Small Open Economy with Financial Frictions: Welfare Analysis2008-10-18Financial stabilityInflation and pricesMonetary policy frameworkWorking Paper 2008-40 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp08-40.pdfPrice Level Targeting in a Small Open Economy with Financial Frictions: Welfare AnalysisAli DibCaterina MendicinoYahong ZhangOctober 2008EE3E31E32E5E52Welfare Effects of Commodity Price and Exchange Rate Volatilities in a Multi-Sector Small Open Economy Model
https://www.bankofcanada.ca/2008/03/working-paper-2008-8/
This paper develops a multi-sector New Keynesian model of a small open economy that includes commodity, manufacturing, non-tradable, and import sectors. Price and wage rigidities are sector specific, modelled à la Calvo-Yun style contracts.2008-03-18T11:50:45+00:00enWelfare Effects of Commodity Price and Exchange Rate Volatilities in a Multi-Sector Small Open Economy Model2008-03-18Economic modelsExchange rate regimesInternational topicsWorking Paper 2008-8https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp08-8.pdfWelfare Effects of Commodity Price and Exchange Rate Volatilities in a Multi-Sector Small Open Economy ModelAli DibMarch 2008EE4E5E52FF3F4Canada's Pioneering Experience with a Flexible Exchange Rate in the 1950s: (Hard) Lessons Learned for Monetary Policy in a Small Open Economy
https://www.bankofcanada.ca/2007/08/working-paper-2007-45/
This paper revisits Canada's pioneering experience with floating exchange rate over the period 1950–1962. It examines whether the floating rate was the best option for Canada in the 1950s by developing and estimating a New Keynesian small open economy model of the Canadian economy.2007-08-04T11:31:35+00:00enCanada's Pioneering Experience with a Flexible Exchange Rate in the 1950s: (Hard) Lessons Learned for Monetary Policy in a Small Open Economy2007-08-04Economic modelsExchange ratesWorking Paper 2007-45 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp07-45.pdfCanada’s Pioneering Experience with a Flexible Exchange Rate in the 1950s: (Hard) Lessons Learned for Monetary Policy in a Small Open EconomyMichael BordoAli DibLawrence L. SchembriAugust 2007EE3E32E37FF3F31F32NN1Multilateral Adjustment and Exchange Rate Dynamics: The Case of Three Commodity Currencies
https://www.bankofcanada.ca/2007/07/working-paper-2007-41/
In this paper, we empirically investigate whether multilateral adjustment to large U.S. external imbalances can help explain movements in the bilateral exchange rates of three commodity currencies – the Australian, Canadian and New Zealand (ACNZ) dollars.2007-07-03T10:44:39+00:00enMultilateral Adjustment and Exchange Rate Dynamics: The Case of Three Commodity Currencies2007-07-03Econometric and statistical methodsExchange ratesWorking Paper 2007-41 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp07-41.pdfMultilateral Adjustment and Exchange Rate Dynamics: The Case of Three Commodity CurrenciesJeannine BailliuAli DibTakashi KanoLawrence L. SchembriJuly 2007CC1C11C2C22FF3F31F32Monetary Policy in an Estimated DSGE Model with a Financial Accelerator
https://www.bankofcanada.ca/2006/03/working-paper-2006-9/
The authors estimate a sticky-price dynamic stochastic general-equilibrium model with a financial accelerator, à la Bernanke, Gertler, and Gilchrist (1999), to assess the importance of financial frictions in the amplification and propagation of the effects of transitory shocks.2006-03-07T13:04:46+00:00enMonetary Policy in an Estimated DSGE Model with a Financial Accelerator2006-03-07Business fluctuations and cyclesEconometric and statistical methodsEconomic modelsWorking Paper 2006-9 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp06-9.pdfMonetary Policy in an Estimated DSGE Model with a Financial AcceleratorIan ChristensenAli DibMarch 2006EE3E32E37E4E44